MoneyWorks4Me

Adani Ports’ arm invests in Veracity Supply Chain

01 Nov 2023 Evaluate

Adani Ports and Special Economic Zone’s wholly owned subsidiary -- Adani Logistics (ALL) has subscribed 50,000 equity shares (50% stake) of Veracity Supply Chain (VSCPL) incorporated on October 31, 2023. VSCPL is incorporated with an object to provide last mile connectivity to the customers from ICDs powered by digital transport management system. The cost of acquisition stood at Rs 5 lakh.

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.


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